Daiwa Securities Group (OTCMKTS:DSEEY) Shares Gap Down - Here's What Happened

Key Points

• Daiwa Securities Group (OTCMKTS:DSEEY) shares gapped down, opening at $9.53 versus the prior close of $10.01 — roughly a 5.5% decline — with 602 shares reported at the last trade.
• The company posted a quarterly EPS of $0.22, beating estimates of $0.18, and reported revenue of $2.42 billion versus $1.70 billion expected, with a net margin of 10.93% and ROE of 7.01%.
• Valuation and liquidity metrics include a market cap of $13.39 billion, P/E of 12.78 and beta 0.51; balance-sheet ratios show quick/current ratios of 1.10 and debt-to-equity of 1.44, while the 50-day/200-day moving averages are $9.91/$8.91.

Daiwa Securities Group Inc. (OTCMKTS:DSEEY - Get Free Report)'s stock price gapped down prior to trading on Monday . The stock had previously closed at $10.01, but opened at $9.53. Daiwa Securities Group shares last traded at $9.53, with a volume of 602 shares traded.

Daiwa Securities Group Stock Down 5.5%

The stock has a market capitalization of $13.39 billion, a price-to-earnings ratio of 12.78 and a beta of 0.51. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 1.44. The business's 50-day moving average is $9.91 and its two-hundred day moving average is $8.91.

Daiwa Securities Group (OTCMKTS:DSEEY - Get Free Report) last released its quarterly earnings data on Monday, February 2nd. The financial services provider reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.18 by $0.04. Daiwa Securities Group had a net margin of 10.93% and a return on equity of 7.01%. The company had revenue of $2.42 billion during the quarter, compared to the consensus estimate of $1.70 billion.

Daiwa Securities Group Company Profile

Daiwa Securities Group Inc is a leading Japanese financial services firm established in 1902 and headquartered in Tokyo. Operating as a holding company, Daiwa oversees a network of subsidiaries active in securities brokerage, investment banking and asset management. With a history spanning over a century, the group has evolved to meet the changing needs of individual and institutional clients, building a reputation for comprehensive capital markets solutions.

The group's core businesses include retail brokerage, offering equity, fixed income and mutual fund products to individual investors in Japan.

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